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Cyprus residential property sales up 16% in H1 2025

Cyprus residential property sales up 16% in H1 2025

According to the Department of Lands and Surveys (DLS), the number of sales contracts registered in Cyprus in the first half of 2025 increased by 16% compared to the same period last year, reaching 8,729. The total value of transactions approached €2.3 billion.

Paphos has become one of the most popular destinations for investors. From January to June, 1,653 contracts were registered here, which is 20% more than a year earlier. The volume of transactions reached €485 million. The area remains attractive both for buyers looking for permanent residence and for those investing in tourist real estate.

Limassol has traditionally maintained its position as a centre of business and residential activity. In the first half of 2025, 2,725 sales contracts were concluded here, with a total transaction value of €809.3 million. In addition, the total transaction volume was 2,466 transactions, reflecting the high level of confidence from foreign and local investors. The annual growth in the number of contracts was 13%.

Nicosia saw the highest volume of transactions, with 2,859, valued at €554.8 million. The number of sales documents increased by 14% to 2,010, driven by strong demand from local buyers.

In Larnaca, the number of contracts increased by 24% to 1,948, with the total value of transactions amounting to €324 million. The area is gaining popularity due to infrastructure development and coastal projects, making it increasingly attractive to investors.

Although smaller than the other districts in size, Famagusta also recorded an increase in property sales. The total value of transactions reached €104.6 million, and the number of contracts increased by 11%. The main interest of buyers is focused on purchasing holiday homes and apartments by the sea.

 

Despite global challenges, the Cyprus residential property market is showing stability. Prices remain under control thanks to a balanced supply, and buyer interest is not decreasing. According to experts, in the absence of unexpected external factors, 2025 could be another successful stage for the country’s real estate sector.

 

Text based on materials from www.cyprus-mail.com, photo pixabay.com

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